NOT LISTED FOR SALE

Estimated Value: $567,000 - $790,000

8 Beds
5 Baths
-- Sq Ft
2,313 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $610,000

Est. 13% increase in value since last sale

Current estimated payment $4,236/month

28 Days on Market

About This Home

As of March 2023

This Beautiful Multi Family home with a finished basement and a bonus room. Each Unit has 3 bedrooms with hardwood floors, 2 Full bathrooms, a walk-in closet in each Primary bedroom, and a laundry room. Conveniently located near all Downtown Newark has to offer - Restaurants, Shopping, and parks. Close Commute to NYC, Airport, Major highways and public transportation. A Great income generating property - Tenants to stay. This Property is a Must See.

Last Agent to Sell the Property

John Lajara

EXP Realty, LLC Listed on: 12/15/2022

EXP Realty, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,229

Lot Details

  • 2,313 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00010 / 01849

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,229

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Floor
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Dickerson St cor 4th near Liberty Park
  • Architectural Style: 2 Family
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2313.0

Tax Info

  • Tax Annual Amount: 7229.0
  • Tax Block: 01849
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 14, 2023
Sold by
Tolentino Eduardo and Tolentino Solange
Bought by
Castillo-Frias Erlin C and Castillo-Olaveri Jose M
Seller's Agent
John Lajara
EXP Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$584,999
Sold Price
$610,000
Premium/Discount to List
$25,001
4.27%
Views
226
Current Estimated Value
$690,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,316
Avg. Annual Appreciation
4.78%
Original Mortgage
$589,132
Outstanding Balance
$571,260
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$119,057

Purchase Details

Closed on
Jun 26, 2007
Sold by
Carvalho Jorge
Bought by
Tolentino Eduardo and Tolentino Solange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,600
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2005
Sold by
City Of Newark
Bought by
Carvalho Jorge
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Castillo-Frias Erlin C $610,000 Sunnyside Title
Tolentino Eduardo $398,300 None Available
Carvalho Jorge $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo-Frias Erlin C $589,132
Previous Owner Tolentino Eduardo $392,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $610,000 +4.3% --
01/12/2023 01/12/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $584,999 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,217 $193,600 $19,700 $173,900
2024 $7,217 $193,600 $19,700 $173,900
2022 $7,233 $193,600 $19,700 $173,900
2021 $7,229 $193,600 $19,700 $173,900
2020 $7,357 $193,600 $19,700 $173,900
2019 $7,281 $193,600 $19,700 $173,900
2018 $7,150 $193,600 $19,700 $173,900
2017 $6,892 $193,600 $19,700 $173,900
2016 $6,660 $193,600 $19,700 $173,900
2015 $6,406 $193,600 $19,700 $173,900
2014 $6,004 $193,600 $19,700 $173,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22043545

New Jersey MLS

APN: 14-01849-0000-00010